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Trump, inflation and prices

A key US inflation gauge rose last month as Trump's tariffs lifted goods prices

The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods. Prices rose 2.6% in June compared with a year ago,

CBS News on MSN · 2d

PCE report shows U.S. inflation rose last month as Trump's tariffs boosted some prices

The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.

Washington Examiner on MSN · 11d

Six-month check-up on Trump’s economy: Inflation and gas prices down, but consumers still nervous

While it is still early goings, the second Trump administration crossed the six-month mark on Sunday, and its impact on the economy is beginning to show up in data and public polling. “Six months is not a long time to have totally revived a major country,

Trump, BLS

The New York Times · 5h

Until Trump Fired Her, She Was an Economist With Bipartisan Support

Erika McEntarfer led the agency that produced key data on jobs and inflation. Then July’s report showed a weakening economy, and President Trump accused her of “rigging” the numbers.

Real Clear Politics on MSN · 8h

Trump: BLS Numbers Were "Phony," "I Did The Right Thing" By Firing Director

President Donald Trump says he "did the right thing" by firing the head of the Bureau of Labor Statistics, the agency that produces the monthly jobs figures, following a revised report that showed hiring slowed and was weaker in April and May than previously reported.

U.S. News & World Report · 1d

Trump Orders Firing of BLS Commissioner After Dismal Employment Report

WASHINGTON (Reuters) -U.S President Donald Trump on Friday ordered that the commissioner of the Labor Department's Bureau of Labor Statistics Erika McEntarfer be fired after data showed weaker than expected employment growth in July and massive downward revisions to the prior two months' job counts.

Trump, tariffs

Politico · 1d

Why Trump’s newly announced tariffs aren’t a done deal

On Thursday, Donald Trump announced sweeping new tariffs against U.S. trading partners that will go into effect next week. The announcement came on the same day that an appeals court grappled with the question of whether Trump’s tariffs are even legal.

CNN on MSN · 1d

Here’s what could get more expensive from Trump’s massive tariff hikes

President Donald Trump has said that tariffs won’t lead to higher prices. But the United States economy seems to disagree: Inflation, which has remained fairly tame, is slowly creeping up because of tariffs.

Fox News · 8h

GOP rep touts Trump baseline tariff deals: The economy is going to boom

N.Y., weighs in on Sen. Lindsey Graham, R-S.C., calling former President Joe Biden compromised and President Donald Trump imposing baseline tariffs after his deadline.

It's Trump's economy now. The latest financial numbers offer some warning signs

— Net hiring has plummeted over the past three months with job gains of just 73,000 in July, 14,000 in June and 19,000 in May ...

The Financial Express1h

Trump’s economy shows cracks as growth slows and inflation rises

More than six months into his term, Trump's blitz of tariff hikes and his new tax and spending bill have remodelled America's trading, manufacturing, energy and tax systems to his own liking.

2don MSN

Fox News anchor caught off guard when confronted with Fox’s bad poll numbers for Trump on inflation

Fox News anchor caught off guard when confronted with Fox’s bad poll numbers for Trump on inflation - ‘If I could point you ...

10don MSN

Fact check: Five false claims Trump made about inflation last night

President Donald Trump is not only continuing to lie about inflation. He’s now falsely claiming that Democrats are lying when ...

21hon MSN

US inflation hike potentially ‘on the cards’ with Trump’s tariffs

Former Labor adviser Bruce Hawker says inflation is potentially “on the cards again” with US President Donald Trump’s tariffs ...

What do Trump's new tariffs mean for the economy? Experts weigh in

Trump's executive order late Thursday laid out rates to be applied against nearly 70 countries, ranging from 10% to 41% in ...

13h

Trump ramps up pressure on the Fed to slash rates to 1% — but would that be risky for US jobs, savings and investments?

Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...

15hon MSN

New tariffs, alarming job numbers and a high-profile firing: A wild week for the Trump economy

The U.S. economy had generally been considered in good shape. By Friday afternoon, some experts were predicting a recession.

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